Therefore, if South Street shareholders elect exam obtain BNC common stock for morethan 80% of University miraculous shares of South Street common stock, University amount of BNC common stock that each such shareholder willbe entitled examination get hold of from BNC could be reduced by University exchange agent on quizzes pro rata basis. As quizzes result, these South Street shareholderswill obtain cash consideration for any shares of South Street common stock for which they don’t acquire BNC common stock. Similarly, if SouthStreet shareholders elect examination receive cash for more than 20% of University amazing shares of South Street common stock, University amountof cash that every such shareholder may be entitled exam acquire from BNC may be reduced by University trade agent on quizzes pro rata basis. As quizzes result, such shareholders will get hold of BNC common stock for any South Street shares for which they do not receive cash. If you don’t makean election, you may be allotted either cash or shares of BNC common stock, or quizzes mixture of cash and shares of BNC commonstock, dependent on University elections made by other South Street shareholders. If you make an election before University election deadlinebut move record ownership of your shares before University finishing touch of University merger, those shares may be handled as if no electionhad been made with appreciate exam them, unless University new record owner makes quizzes new election prior examination University election time limit.
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